Luxury real estate in Montenegro and its investment potential

Montenegro is sunny and bright. Carefree, comfortable. Montenegro: drink wine for breakfast, lunch, dinner, indulge in a glass of pleasure with an aftertaste of citrus or nutmeg notes before bed.

This is one of the safest countries, where the level of endorphins goes off scale from the fresh air of coniferous forests, the color of the waves of the turquoise sea and the uniqueness of nature. This country has long been not inferior in its luxury and abundance of resort life services to the analogue coast of the Ligurian Sea or Monaco.

Here you can plunge into the atmosphere of peace and do not rush anywhere. World-class environment for mental health, luxury spa hotels, parks, beaches, Mediterranean diet that benefits both your mental and physical abilities. To stay in good physical shape, try the tennis courts, the golf course in Portomontenegro, the endless sea for swimming, aqua aerobics and the excellent offers from Wellness Resort Hotels with restorative procedures.

I always want to return and invest in this place if I have been here once.

High quality and service, which in tandem not only make it possible to forget about the problems of a dynamic world for a while, they open up new opportunities for human productivity. You may also want to stay to become part of this unique world with impeccable ecology and climate and invest in real estate in Montenegro to receive a guaranteed income. Every year there are investments from the UAE, China, America and Russia.

Advantages of buying luxury housing in Montenegro

Investments in luxury real estate in Montenegro also represent a profitable financial decision. The country's stable economic development and constant growth in tourism are attractive to investors. In addition, the possibility of renting out housing on both a long-term and short-term basis allows you to receive additional income from investments of 1,200 euros or more per month.

More than 1 million tourists come to Montenegro every year. According to the statistical agency Monstat, 1.67 million people came to rest in 2021. 32.6% are tourists from Serbia, 12.9% from Bosnia and Herzegovina, the rest are European countries. Most tourists were in coastal cities - 90%.

What attracts tourists from all over the world to this unique place? They come to take a walk in the shade of cool centuries-old olive trees, see the architecture of the 16th-19th centuries, retire to a luxurious villa with stone walls and surrender to the passage of time, according to local traditions, this has the term "polako" (translated from Montenegrin - do not rush anywhere) near the pool or on the beach.

Also visit eco farms, wineries, sights, explore the traditions, life and culture of Montenegro. Agrotourism is also gaining popularity among vacationers and the first eco-farms have already appeared, which are happy to receive guests. A must visit is a unique and deep canyon in Europe on the Tara River.

The unique offers of luxury apartments in the complexes DUKLEY, Tre Canne, Porto Montenegro, Portonovi will not leave any guest on vacation in Montenegro in a bad mood. Because these are beautiful views, developed infrastructure from shopping to walks on a private yacht and romantic walks in the evening to the sound of the waves.

Popular cities for recreation are all the cities of the coast of Budva, Risan, Perast, Tivat, Herceg Novi and luxurious tourist villas that are located in the Bay of Kotor.

The Adriatic coast attracts attention not only with its beautiful landscapes and rich history, but also with opportunities for investment in luxury real estate. Finding a profitable property here has many advantages for living, recreation and passive income.

One of the main advantages of buying luxury real estate in Montenegro is its excellent location on the Adriatic Sea: unique sandy and pebble beaches, clear sea and picturesque mountains create the ideal atmosphere for a comfortable stay. In addition, the climate is favorable: warm summers and moderate winters. Here you can enjoy an active lifestyle and engage in various sports, both on land and on water.

Luxury real estate in Montenegro offers a high level of comfort and safety. Modern apartments and villas are equipped with the latest technology, and the infrastructure of the complexes includes swimming pools, spa centers, restaurants and fitness rooms. Thanks to the guarded territory and 24-hour security service, life in luxury complexes becomes even more comfortable and safe.

Look at the catalog of offers on our website: https://gomonte.me/en/

Why is it worth investing in luxury real estate in Montenegro?

The country attracts tourists with its beauty, rich history and a unique mix of Mediterranean and Slavic flavor. However, in addition to its tourism potential, Montenegro also represents an attractive real estate market, especially in the luxury housing segment.

Here are some key reasons why you should invest:

1. Attractive prices. Compared to other European countries, prices for luxury real estate in Montenegro remain relatively affordable: from . At the same time, the quality of housing and infrastructure meet the highest standards.

2. Ideal geographical location - mountains, beaches, islands, historical cities - here you can find everything you need for a comfortable holiday and life.

3. Investment potential. Buying luxury real estate in Montenegro can be an excellent way to invest. Steady growth in housing prices and high rental demand make this market attractive to investors.

4. High level of comfort and quality of life. Picturesque landscapes, clean air, tranquil surroundings, a paradise for geodenists: designer interiors in hotels, restaurants, menus from Michelin chefs, golf clubs, marinas, tennis courts. A large selection of boutiques with high-quality branded clothing, shoes, and jewelry. All cities have art galleries and private events: fashion shows, presentations, concerts. On your day off, you can go to a presentation at a local winery, where you can enjoy exclusive wine and local music.

5. Possibility of obtaining a residence permit in Montenegro. Read more about obtaining a residence permit based on real estate in Montenegro here: https://gomonte.me/en/services/residence-permit/

So, buying a luxury apartment or villa in Montenegro is not only an investment in comfort, but also an opportunity to enjoy a unique atmosphere on the shores of the Adriatic Sea. The combination of beautiful beaches, historical attractions, a variety of entertainment and a high level of service have an attractive potential for purchasing luxury real estate.

How to choose luxury housing in Montenegro

When choosing the ideal luxury housing in Montenegro, it is necessary to take into account a number of important factors: location, type of property, quality of construction, infrastructure, investment potential, safety.

1. One of the key selection criteria is location. The country has different regions, each of which has its own characteristics. For example, Budva and Podgorica offer a variety of entertainment and infrastructure, while Kotor and Tivat attract with their historical sites and yacht clubs.

2. Depending on your preferences and needs, you can choose an apartment in a residential complex, a villa on the seashore or a house in the mountains. Each type of property has its own advantages, so it's important to determine what's right for you.

3. Pay attention to the quality of construction and materials used. Clean lines, modern design, high technology - all this should meet your expectations.

4. When purchasing luxury housing, you buy not only the property itself, but also the entire infrastructure that surrounds it. Swimming pool, spa center, gym, restaurants - all this should be at the highest level.

5. Make sure that the complex is equipped with video surveillance, security and access control systems.

6. In addition to comfort and luxury, it is also worth considering the investment opportunities of the property. The real estate market in Montenegro is stable and promising, which makes the purchase of luxury housing a profitable investment.

Luxury complexes in Montenegro, finished, ready to move in, with furniture and household appliances

1. Residences DUKLEY GARDENS on the first line, Budva, Zavala peninsula

Three bedrooms, 167 m² https://gomonte.me/properties/s551/

2. Dream Hill Residence, Seoce (suburb of Budva)

Elite apartments with panoramic views of the sea and mountains, parking, swimming pool on the territory of the complex. Favorable location - next to the most popular and largest beach Jaz, which is surrounded by coniferous forest.

The cost of one square meter is from €1500. See more about Dream Hill Residence at this link https://gomonte.me/properties/s1891/

3. Tre Canne, Budva

Elite housing on the first line, in the very center, not far from the old town, with a total area of ​​37,000 sq.m, 275 luxury apartments of various types and sizes, two underground parking lots, a restaurant, a swimming pool on the roof of one of the buildings of the complex, a fitness room, Spa salt rooms, saunas. High-quality expensive materials are used for finishing the apartments: wood, marble, granite. All buildings are designed using the most modern heat and sound insulation systems. Solar collectors are also installed. Panoramic view, access to the beach area. Housing is ready to move in, has all the necessary furniture and household appliances.

The price for 1 sq.m in this complex is from €3000. See our offer in the links below for more details.

Two bedroom apartment, 77 m²  https://gomonte.me/properties/s2184/   

Villas and country houses in Montenegro

1. Complex of 6 villas in Rezevici 

Rezevici is an authentic village by the sea surrounded by olive groves. All houses in the village are built in the same style, stone walls and traditional red tiles. All buildings of this complex are made of stone, each can accommodate up to 9 guests. This is a good investment, because they all have their own private area with a swimming pool and a parking space, rest in such a place will be more comfortable than in a hotel. Security, video surveillance.

Plot size: 2000 m², each villa: 150 m², learn more about this property https://gomonte.me/properties/s970/

Complexes under construction

1. Penthouses for sale with a luxurious location in Becici, Montenegro

Becici has a large sandy and sandy coastline with playgrounds, restaurants serving Mediterranean cuisine, a large selection of outdoor activities: riding SUPs, jet skis, skiing and paragliding. The building is geographically located 10 minutes from the beach, where you can go to the promenade in the evening or sit on a large terrace and enjoy the view of the seascape without leaving your home. The cost per square meter is from €1700. Our best lot https://gomonte.me/properties/s2030/

Benefits for investors

Since 2020, the Montenegrin real estate market has seen an increased demand for housing among citizens of America, the United Arab Emirates, Turkey, Russia and neighboring European countries. There are several reasons, the most important are the growing interest among tourists in the unique untouched nature and its attractions, the mild climate, the opportunity to swim in the sea not only in summer, but also in spring and back in September. The income from the rental of real estate reaches 12% per annum. On average, prices for luxury housing increased by 40% by the end of 2021. And the average demand for rental property increased by the same amount in the first quarter of 2022.

When you purchase, you get the following benefits:

1. Residence permit for the whole family

After receiving a residence permit, you can educate children in local schools, use medical and government services, and conduct business activities. A residence permit can be extended an unlimited number of times.

2. Minimum income tax

When concluding a deal, a purchase tax is mandatory, which is minimal compared to other European countries and amounts to only 3%, VAT 21%.

Taxable real estate includes:

• land plots for construction, agricultural land, forestry;
• commercial and residential real estate;
• Separate parts of a residential building (basement, garage, parking space).

Only objects from the developer - a legal entity are not taxed.

There is also an annual payment on property, its rate ranges from 0.25% to 1% and the duty on income from the rental of objects is a fixed rate of 9%.

3. Bank account in local banks

The investor will be able to open an account and use it to store savings or cross-border payments.

Contact our GoMonte specialists for a free consultation and get a residence permit in Montenegro as a gift when buying a property.

If you don't know how to invest in real estate yet, we advise you to read Robert Kiyosaki "Investing in real estate: real experts, real stories, real life".

Robert Toru Kiyosaki is an American entrepreneur, investor, author, and motivational speaker. He is the author of several books on investing, including the bestseller Rich Dad Poor Dad.

Read also our other articles on this topic:

• Inexpensive real estate abroad. Where to buy and how to secure the transaction: gomonte.me/blog/post/48
• Buy real estate in Budva. Advice for foreigners. Top best deals for buying apartments in 2024: gomonte.me/blog/post/29